Vanguard Group Inc. Decreases Stock Holdings in DICK'S Sporting Goods, Inc. $DKS

Key Points

• Vanguard trimmed its stake in DICK'S by 2.0% in Q4, selling 137,080 shares and leaving it with 6,581,931 shares (a 7.32% stake) worth about $1.303 billion.
• Meanwhile, other institutions markedly rebalanced positions—Wellington and Bank of America made large buys—while insiders including the EVP and chairman sold shares; institutional ownership stands at 89.83% and insiders own 32.55%.
• DICK'S recently beat quarterly EPS expectations ($3.45 vs. $3.43), reported revenue up 59.9% YoY, raised its quarterly dividend to $1.25 (annual $5.00, ~2.2% yield) and set FY2026 EPS guidance of 13.50–14.50.

Vanguard Group Inc. decreased its holdings in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,581,931 shares of the sporting goods retailer's stock after selling 137,080 shares during the quarter. Vanguard Group Inc. owned 7.32% of DICK'S Sporting Goods worth $1,303,025,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Wellington Management Group LLP raised its position in DICK'S Sporting Goods by 83.9% in the 3rd quarter. Wellington Management Group LLP now owns 6,606,860 shares of the sporting goods retailer's stock worth $1,468,176,000 after buying an additional 3,013,850 shares during the last quarter. Bank of America Corp DE raised its position in DICK'S Sporting Goods by 588.1% in the 3rd quarter. Bank of America Corp DE now owns 3,545,944 shares of the sporting goods retailer's stock worth $787,980,000 after buying an additional 3,030,642 shares during the last quarter. State Street Corp raised its position in DICK'S Sporting Goods by 17.7% in the 3rd quarter. State Street Corp now owns 2,606,541 shares of the sporting goods retailer's stock worth $579,226,000 after buying an additional 391,694 shares during the last quarter. Dimensional Fund Advisors LP raised its position in DICK'S Sporting Goods by 58.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,423,102 shares of the sporting goods retailer's stock worth $316,224,000 after buying an additional 523,809 shares during the last quarter. Finally, Atreides Management LP purchased a new position in DICK'S Sporting Goods in the 2nd quarter worth about $172,715,000. Hedge funds and other institutional investors own 89.83% of the company's stock.

Insider Buying and Selling

In related news, EVP Julie Lodge-Jarrett sold 4,140 shares of the business's stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the completion of the transaction, the executive vice president directly owned 24,757 shares in the company, valued at approximately $5,534,674.92. The trade was a 14.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Edward W. Stack sold 210,478 shares of the business's stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total value of $41,609,395.82. Following the transaction, the chairman owned 6,549,026 shares of the company's stock, valued at approximately $1,294,676,949.94. This trade represents a 3.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 32.55% of the company's stock.

DICK'S Sporting Goods Trading Up 3.2%

Shares of NYSE:DKS opened at $227.01 on Friday. The stock has a 50 day moving average of $205.56 and a 200 day moving average of $210.39. The company has a market cap of $20.21 billion, a PE ratio of 22.21, a price-to-earnings-growth ratio of 3.12 and a beta of 1.21. The company has a current ratio of 1.53, a quick ratio of 0.47 and a debt-to-equity ratio of 0.34. DICK'S Sporting Goods, Inc. has a 12-month low of $167.03 and a 12-month high of $237.31.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last announced its quarterly earnings data on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.43 by $0.02. The company had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $6.06 billion. DICK'S Sporting Goods had a return on equity of 27.12% and a net margin of 4.93%.The firm's revenue was up 59.9% on a year-over-year basis. During the same period in the previous year, the company posted $3.62 EPS. DICK'S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, equities research analysts expect that DICK'S Sporting Goods, Inc. will post 14.29 EPS for the current year.

DICK'S Sporting Goods Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, March 27th were paid a dividend of $1.25 per share. This is a boost from DICK'S Sporting Goods's previous quarterly dividend of $1.21. The ex-dividend date was Friday, March 27th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. DICK'S Sporting Goods's dividend payout ratio is presently 48.92%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DKS. The Goldman Sachs Group reissued a "buy" rating on shares of DICK'S Sporting Goods in a research report on Monday, January 5th. Telsey Advisory Group reissued an "outperform" rating and issued a $245.00 target price on shares of DICK'S Sporting Goods in a research report on Monday, March 9th. Jefferies Financial Group reissued a "hold" rating and issued a $210.00 target price on shares of DICK'S Sporting Goods in a research report on Thursday, March 12th. Truist Financial cut their price target on DICK'S Sporting Goods from $275.00 to $252.00 and set a "buy" rating for the company in a research note on Thursday, March 12th. Finally, Barclays boosted their price target on DICK'S Sporting Goods from $242.00 to $264.00 and gave the company an "overweight" rating in a research note on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, DICK'S Sporting Goods currently has a consensus rating of "Moderate Buy" and a consensus price target of $241.89.

DICK'S Sporting Goods Profile

DICK'S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK'S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.

Want to see what other hedge funds are holding DKS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.